Niu Technologies (NASDAQ:NIU) Insiders, Who Hold 33% of the Firm Would Be Disappointed by the Recent Pullback
Niu Technologies (NASDAQ:NIU) Insiders, Who Hold 33% of the Firm Would Be Disappointed by the Recent Pullback
To get a sense of who is truly in control of Niu Technologies (NASDAQ:NIU), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 33% to be precise, is individual insiders. Put another way, the group faces the maximum upside potential (or downside risk).
As a result, insiders as a group endured the highest losses after market cap fell by US$60m.
Let's take a closer look to see what the different types of shareholders can tell us about Niu Technologies.
See our latest analysis for Niu Technologies
What Does The Institutional Ownership Tell Us About Niu Technologies?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
Niu Technologies already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Niu Technologies, (below). Of course, keep in mind that there are other factors to consider, too.
Niu Technologies is not owned by hedge funds. Yinan Li is currently the largest shareholder, with 28% of shares outstanding. With 7.1% and 6.5% of the shares outstanding respectively, Nikko Asset Management Co., Ltd. and Niu Holding Inc. are the second and third largest shareholders. Furthermore, CEO Yan Li is the owner of 4.4% of the company's shares.
We did some more digging and found that 6 of the top shareholders account for roughly 52% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
Insider Ownership Of Niu Technologies
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
It seems insiders own a significant proportion of Niu Technologies. Insiders have a US$130m stake in this US$395m business. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling.
General Public Ownership
With a 32% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Niu Technologies. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Private Company Ownership
It seems that Private Companies own 6.5%, of the Niu Technologies stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.
Next Steps:
I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For example, we've discovered 2 warning signs for Niu Technologies that you should be aware of before investing here.
If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
要弄清楚誰真正控制了小牛電動(納斯達克:NU),重要的是要了解企業的所有權結構。持有該公司股份最多的集團,準確地説約為33%,是個人內部人士。換句話説,該集團面臨着最大的上行潛力(或下行風險)。
其結果是,在市值縮水6000萬美元后,內部人士作為一個羣體遭受了最大的損失。
讓我們仔細看看不同類型的股東能告訴我們關於小牛電動的什麼。
參見我們對小牛電動的最新分析
關於小牛電動,機構所有制告訴了我們什麼?
機構通常在向自己的投資者報告時,以基準來衡量自己,因此一旦一隻股票被納入主要指數,它們往往會對這隻股票變得更加熱情。我們預計,大多數公司都會有一些機構登記在冊,特別是在它們正在增長的情況下。
小牛電動已經在股票登記處登記了機構。事實上,他們在該公司擁有可觀的股份。這表明在專業投資者中有一定的可信度。但我們不能僅僅依靠這一事實,因為機構有時會做出糟糕的投資,就像每個人一樣。如果兩個大型機構投資者試圖同時拋售一隻股票,股價大幅下跌的情況並不少見。因此,值得查看小牛電動過去的收入軌跡(見下圖)。當然,請記住,還有其他因素需要考慮。
小牛電動並不為對衝基金所有。沂南Li目前是第一大股東,持有28%的流通股。日興資產管理株式會社和牛氏控股有限公司分別持有7.1%和6.5%的流通股,是第二大和第三大股東。此外,首席執行官Li持有該公司4.4%的股份。
我們做了更多的挖掘,發現大股東中有6個約佔登記冊的52%,這意味着除了大股東外,還有一些小股東,從而在一定程度上平衡了彼此的利益。
雖然研究一家公司的機構所有權數據是有意義的,但研究分析師的情緒以瞭解風向也是有意義的。有相當數量的分析師追蹤該股,因此瞭解他們對未來的總體看法可能是有用的。
小牛電動的內部人所有權
公司內部人的定義可能是主觀的,而且在不同的司法管轄區之間確實有所不同。我們的數據反映了個別內部人士,至少捕捉到了董事會成員。公司管理層管理企業,但首席執行官將向董事會負責,即使他或她是董事會成員。
大多數人認為內部人持股是積極的,因為它可以表明董事會與其他股東很好地結盟。然而,在某些情況下,太多的權力集中在這個羣體中。
內部人士似乎持有小牛電動很大一部分股份。在這項價值3.95億美元的業務中,內部人士持有1.3億美元的股份。我們會説,這表明了與股東的一致,但值得注意的是,該公司仍相當小;一些內部人士可能創建了這家企業。你可以點擊這裏,看看這些內部人士是一直在買入還是賣出。
一般公有制
擁有32%股權的普通公眾,主要由個人投資者組成,對小牛電動有一定程度的影響力。雖然這羣人不一定能發號施令,但它肯定能對公司的運營方式產生真正的影響。
私營公司所有權
看起來民營企業持有小牛電動6.5%的股份。或許有必要對此進行更深入的研究。如果關聯方,如內部人士,對這些私營公司中的一家有利害關係,則應在年報中披露。私營公司也可能對該公司擁有戰略利益。
接下來的步驟:
我發現看看到底是誰擁有一家公司是非常有趣的。但為了真正獲得洞察力,我們還需要考慮其他信息。例如,我們發現小牛電動的2個警示標誌在這裏投資之前你應該意識到這一點。
如果你像我一樣,你可能會想一想這家公司是會增長還是會萎縮。幸運的是,您可以查看這份顯示分析師對其未來預測的免費報告。
注:本文中的數字是使用過去12個月的數據計算的,指的是截至財務報表日期的最後一個月的12個月期間。這可能與全年的年度報告數字不一致。
對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫。或者,也可以給編輯組發電子郵件,地址是implywallst.com。
本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。
譯文內容由第三人軟體翻譯。
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